The recovery theme is well and truly underway. Singapore’s bellwether index, the Straits Times Index (SGX: ^STI), has staged a remarkable rebound from its lows back in March last year. But if you’re concerned about the pandemic still raging around the world, remember that many businesses have managed to adapt to the tough conditions and still do well. The result is a bull run for stocks in certain sectors that were either not badly impacted or were in industries that thrived despite the downturn. Some stocks, including blue-chip names, have been hitting fresh 52-week highs. It’s natural for you to feel hesitant about buying stocks that are scaling new highs. However, I’d argue that it’s justified to consider owning such stocks if they possess a good growth story along with favourable long-term characteristics. Here are four companies that I will consider buying despite them hitting a high recently. Singapore Exchange Limited (SGX: S68)...